Guangzhou Hi-Target Navigation Tech (300177.SZ) and its holding subsidiary have paid a total of approximately 6.8718 million yuan in overdue taxes.

Guangzhou Hi-Target Navigation Tech (300177.SZ) issued an announcement that recently, the company and its holding subsidiary Shenzhen Zhongming Information Technology Industry Co., Ltd. (hereinafter referred to as "Shenzhen Zhongming") need to pay a total of approximately 6.8718 million yuan in overdue taxes and fines of approximately 1.8527 million yuan based on inspections by the tax authorities and self-inspections by the company and Shenzhen Zhongming.